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silver broke thru $18 per ounce

chumleychumley Posts: 2,305 ✭✭✭✭
in Precious Metals
when was the last time that happened?

Comments

  • DoubleEagle59DoubleEagle59 Posts: 8,307 ✭✭✭✭✭
    silver chart
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    Originally posted by: chumley
    when was the last time that happened?


    Less than 2 years ago. It needs to break through $20 before I become excited again...BTW that also happened about 2 years ago.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,283 ✭✭✭✭✭
    The floor is about $15. It's not like it's gone through the roof, although money is still dug up when the price goes up.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Seems to be stable... relatively speaking... for a while... Cheers, RickO
  • AcesCrackedAcesCracked Posts: 189 ✭✭
    Getting ready to go to 19.00 today.........
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    This recent run-up reminds me of the heydays of 2010 & 2011. image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • pitbosspitboss Posts: 8,643 ✭✭✭
    The silver eagles with the W mint mark are selling real well now.

    I am thinking of pulling mine off eBay and holding them for the future.
  • DoubleEagle59DoubleEagle59 Posts: 8,307 ✭✭✭✭✭
    Originally posted by: pitboss
    The silver eagles with the W mint mark are selling real well now.

    I am thinking of pulling mine off eBay and holding them for the future.


    Excuse my silver eagle ignorance, but what does the 'W' mintmark add to the value?

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • pitbosspitboss Posts: 8,643 ✭✭✭
    They are much more rare than the bullion pieces. They also are in a box with a cert of auth.
  • georgiacop50georgiacop50 Posts: 2,909 ✭✭✭✭
    Originally posted by: pitboss

    They are much more rare than the bullion pieces. They also are in a box with a cert of auth.




    Oh my! "Rarer"... implies that the bullion pieces are "rare". Ridiculous!
  • AcesCrackedAcesCracked Posts: 189 ✭✭
    19.02 at 8:57CST
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Originally posted by: georgiacop50
    Originally posted by: pitboss
    They are much more rare than the bullion pieces. They also are in a box with a cert of auth.


    Oh my! "Rarer"... implies that the bullion pieces are "rare". Ridiculous!


    There are so many million bullion silver eagles made that they are worth melt only whereas the "W" coins do carry a decent premium.
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    Originally posted by: pitboss
    Originally posted by: georgiacop50
    Originally posted by: pitboss
    They are much more rare than the bullion pieces. They also are in a box with a cert of auth.


    Oh my! "Rarer"... implies that the bullion pieces are "rare". Ridiculous!


    There are so many million bullion silver eagles made that they are worth melt only whereas the "W" coins do carry a decent premium.


    Nonsense...no ASE is worth only melt. There is a build in premium above melt for all bullion ASE's. After all, the Mint does not sell them at melt to the authorized buyers. I'll buy all the bullion ASE's from you at melt + 10 cents. BTW.. silver just broke thru $19
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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